Most signals are quite bullish this morning, according to traders, and prices continue up. Still, the pace is slowing down as we are approaching all time high levels.
The forward contracts are being traded 30-40 cents up from yesterday’s close, slightly lower than earlier this morning, following the latest EC update. Yesterday, around 0.8 TWh was delivered in Norway and Sweden, and today will be a wet day with more than 1 TWh of precipitation forecast. From tomorrow, however, the prognoses show below normal amounts throughout the ten day period.
Donnerstag, 13.07.2006, 11:45 Uhr
Redaktion
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